Aussie Q Ressources

Published : October 16th, 2007

HIGH GRADE MOLYBDENUM ASSAYS AT WHITEWASH PROJECT IN CENTRAL QUEENSLAND

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AUSSIE Q RESOURCES: MEDIA RELEASE




16 October 2007

HIGH GRADE MOLYBDENUM ASSAYS AT WHITEWASH PROJECT IN CENTRAL QUEENSLAND

Queensland-based minerals exploration company Aussie Q Resources (“Aussie Q, “the Company”) (ASX: AQR) is pleased to announce the following exploration update from the Company’s drilling program at its 100%-owned Whitewash Copper/Molybdenum Project in Central Queensland.
  • A highlight of the results is drill hole 07WW032, which has returned numerous intersections of encouraging high grade molybdenum, assaying up to 7530ppm Molybdenum.
  • When ancillary minerals are added, the Company estimates the grade to be 10,907ppm, or 1.09% Mo03 eq (Molybdenum Oxide equivalent) or 0.93% at 85% recovery. (The Company believes this is a conservative recovery rate. See Note 1 attached).
It should also be noted that the bottom 46m of hole 07WW032 is not included in the results to date (assays are expected in the near future) but the drill log has indicated significant mineral also exists in this section.

Aussie Q is currently undertaking a drilling program at the project as part of the Company’s aim to establish a JORC-compliant resource at Whitewash.

The Company can now report that the assay results for drill holes 23 to 35 (excluding hole 33 which is currently being Diamond drilled to 400m) have been received and are presently being prepared for release.

Assay results for 10 holes have previously been reported to the market, in September.  Assay results from the latest drill holes are currently being tabulated and the Company expects to announce these soon.

The Company’s current drilling program at Whitewash is designed to increase the density of drilling in a section of mineralisation at the project area of approximately 1000 metres by 750 metres, as part of Aussie Q’s aim to delineate a JORC compliant resource.

The directors believe that, while drilling will continue, the 22 drill holes along with results from 17 holes drilled pre-IPO are sufficient to warrant the Company to now seek a JORC result and then initiate pre-feasibility planning.

For full details please see the attached Media Release that was released by the Company today.

Download the Media Release here.


Aussie Q Resources Limited

ABN 91 121 964 725
Level 1
27-29 Crombie Avenue
Bundall, Qld 4217
Phone 07 5574 3830
Fax 07 5574 3568

This message has been sent to you as a subscriber of the PPR mail service. If you no longer wish to be a part of the service, please email cginbey@pprwa.com.au with the word "REMOVE" in the Subject line.


 


This email was sent by Cale Ginbey, PPR (WA) Pty Ltd, Level 1, 588 Hay Street, Subiaco WA 6008 Western Australia to .com

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Aussie Q Ressources

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CODE : AQR.AX
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Aussie Q Res. is a copper and silver development stage company based in Australia.

Aussie Q Res. develops copper, silver and molybdenum in Australia, and holds various exploration projects in Australia.

Its main asset in development is WHITEWASH in Australia and its main exploration properties are GORDON'S KNOB, KILDARE, KIWI CARPET and RAWBELLE in Australia.

Aussie Q Res. is listed in Australia. Its market capitalisation is AU$ 1.2 billions as of today (US$ 851.5 millions, € 752.7 millions).

Its stock quote reached its lowest recent point on December 25, 2015 at AU$ 0.03, and its highest recent level on February 21, 2020 at AU$ 4.10.

Aussie Q Res. has 347 829 984 shares outstanding.

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Annual reports of Aussie Q Ressources
2012 Annual Report
Annual Report to Shareholders 2012
2011 Annual Report
Annual Report to Shareholders 2011
2009 Annual Report
2008 Annual report
2007 Anuual Report
Nominations of Aussie Q Ressources
12/21/2011Managing Director Appointment
Financials of Aussie Q Ressources
3/14/2012Half Yearly Report & Accounts
4/29/2011AQR Quarterly Activities & Cashflow Report Mar 2011
Project news of Aussie Q Ressources
9/10/2012John Hill Drill Results
9/6/2012Letter of Intent with Rio Tinto Exploration Pty Ltd
5/9/2012John Hill Discovery Results
2/23/2012Progress Report Drilling at John Hill
8/30/2011AQR Signs New Drilling Contract
5/31/2011(Whitewash)Resource Estimate Clarification
5/30/2011(Whitewash)Resource Update Greater Whitewash & Summary Report
4/28/2008EXTENSIVE BROAD HIGH GRADE MOLYBDENUM INTERCEPTS AT WHITEWAS...
4/21/2008(Whitewash)ADDITIONAL NEW MOLYBDENUM INTERCEPTS
4/10/2008(Juicy Fruit)1000m RC DRILLING PROGRAMME AT JUICY FRUIT COMPLETED
3/31/2008(Whitewash)CONFIRMS NEW MOLYBDENUM INTERCEPTS
3/7/2008(Whitewash)PROJECT - UPDATE
1/29/2008(Whitewash)CONFIRMS FURTHER NEW MOLYBDENUM INTERCEPTS
12/12/2007(Whitewash)LATEST DRILL RESULTS CONFIRM MOLY GRADE AT WHITEWASH
10/16/2007HIGH GRADE MOLYBDENUM ASSAYS AT WHITEWASH PROJECT IN CENTRAL...
Corporate news of Aussie Q Ressources
7/2/2015Rights Issue Letter to Shareholders
7/1/2015Cleansing Notice Rights Issue
7/1/2015Rights Issue & Refinancing
6/24/2015Result of General Meeting
11/14/2012Becoming a Substantial Shareholder
11/12/2012Appendix 3B
11/9/2012SLWQ Transaction
11/8/2012Rio Tinto JV Executed
10/31/2012uarterly Activities & Cashflow Report Sep 2012
10/29/2012Notice of 2012 AGM
8/27/2012Name Change to Aeon Metals Limited
7/31/2012uarterly Activities & Cashflow Report Jun 2012
5/29/2012Change of Share Registry Provider
5/23/2012Substantial Shareholding SOL
5/21/2012Appendix 3Z, Messrs. Griff & Haren
5/11/2012Cleansing Notice
5/8/2012Reinstatement to Official Quotation
5/8/2012Appendix 3B
5/8/2012Placement
5/4/2012Suspension from Official Quotation
5/2/2012Trading Halt
4/30/2012uarterly Activities & Cashflow Report Mar 2012
3/30/2012Appendix 3Y John Godhy
3/28/2012Appendix 3Y John Goody
2/21/2012Appendix 3B New Issue Announcement
2/21/2012(Kiwi Carpet)Progress Report Kiwi Carpet Greater Whitewash
1/31/2012uarterly Activities & Cashflow Report Dec 2011
1/9/2012Appendix 3B Exercise of Options
11/29/2011Results of 2011 Annual General Meeting
10/27/2011Notice of Annual General Meeting
10/27/2011uarterly Activities & Cashflow Report Sep 2011
9/22/2011(Whitewash)Metallurgical Test Results Greater Whitewash
9/5/2011ANALYST'S REPORT ON AQR
7/29/2011uarterly Activities & Cashflow Report Jun 2011
7/31/2008Resources Announcement
7/7/2008Resources Announcement
6/24/2008Resources Announcement
5/1/2008Report on Activities – March Quarter 2008
10/23/2007Confirms Four-Fold Expansion of Mineralisation
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